97 Robins CtPalmyraVA22963
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Palmyra at 97 Robins Ct, Palmyra, VA, 22963 generates $3,737/mo in rent and, after a $2,814/mo payment, leaves $265/mo in cash flow. Total monthly income is $3,737/mo, and annual cash flow is $3,181/yr on $189,175 invested. Return on cash invested sits at 21.74% in year one, and rental yield is 7.8% on a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 112.45% and total cumulative return in cash sums $212,735. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,737/mo property income rather than buyer’s personal income.
Single Family
Built in 2010
0.49 Acres lot
$N/A/sqft
$105 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22963, Palmyra, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,330 (100%) |
| Owner Occupied HU | 6,070 (82.8%) |
| Renter Occupied HU | 755 (10.3%) |
| Vacant Housing Units | 505 ( 6.9%) |
| Median Home Value | $328,349 |
| Average Home Value | $376,623 |
Housing Distribution
Address Breakdown
Residential
7,189
Single Family
7,179
Multi-Family
10
Businesses
227
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